Janus Henderson Group PLC Acquires 38,962 Shares of American Homes 4 Rent (NYSE:AMH)

Janus Henderson Group PLC grew its holdings in shares of American Homes 4 Rent (NYSE:AMH - Free Report) by 2.0% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 1,973,969 shares of the real estate investment trust's stock after purchasing an additional 38,962 shares during the period. Janus Henderson Group PLC owned approximately 0.53% of American Homes 4 Rent worth $73,838,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Alyeska Investment Group L.P. grew its stake in shares of American Homes 4 Rent by 185.2% in the fourth quarter. Alyeska Investment Group L.P. now owns 1,989,260 shares of the real estate investment trust's stock worth $74,438,000 after acquiring an additional 1,291,865 shares during the last quarter. EverSource Wealth Advisors LLC lifted its stake in shares of American Homes 4 Rent by 4.5% in the fourth quarter. EverSource Wealth Advisors LLC now owns 196,084 shares of the real estate investment trust's stock worth $7,337,000 after buying an additional 8,370 shares in the last quarter. Clearbridge Investments LLC grew its holdings in shares of American Homes 4 Rent by 26.3% during the fourth quarter. Clearbridge Investments LLC now owns 2,821,944 shares of the real estate investment trust's stock valued at $105,597,000 after buying an additional 588,302 shares during the last quarter. PGGM Investments increased its position in shares of American Homes 4 Rent by 7.3% during the fourth quarter. PGGM Investments now owns 1,062,538 shares of the real estate investment trust's stock valued at $39,760,000 after acquiring an additional 71,890 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its holdings in American Homes 4 Rent by 2.6% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 4,334,035 shares of the real estate investment trust's stock worth $162,180,000 after acquiring an additional 110,022 shares during the last quarter. 91.87% of the stock is owned by institutional investors.

American Homes 4 Rent Stock Performance

American Homes 4 Rent stock traded up $0.44 during midday trading on Friday, hitting $38.73. The stock had a trading volume of 1,620,523 shares, compared to its average volume of 2,178,990. American Homes 4 Rent has a 52-week low of $31.68 and a 52-week high of $41.41. The company has a market capitalization of $14.34 billion, a PE ratio of 35.86, a P/E/G ratio of 3.56 and a beta of 0.78. The firm's fifty day moving average is $36.68 and its two-hundred day moving average is $36.46. The company has a current ratio of 0.76, a quick ratio of 0.58 and a debt-to-equity ratio of 0.64.

American Homes 4 Rent (NYSE:AMH - Get Free Report) last released its earnings results on Thursday, May 1st. The real estate investment trust reported $0.46 earnings per share for the quarter, beating analysts' consensus estimates of $0.45 by $0.01. The company had revenue of $459.28 million for the quarter, compared to analysts' expectations of $449.00 million. American Homes 4 Rent had a net margin of 23.86% and a return on equity of 5.33%. American Homes 4 Rent's revenue for the quarter was up 8.4% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.43 EPS. On average, research analysts forecast that American Homes 4 Rent will post 1.85 EPS for the current year.

American Homes 4 Rent Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, June 13th will be paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 3.10%. The ex-dividend date is Friday, June 13th. American Homes 4 Rent's dividend payout ratio (DPR) is presently 111.11%.

Insider Buying and Selling

In related news, CAO Sara H. Vogt-Lowell sold 42,500 shares of the firm's stock in a transaction on Monday, May 5th. The shares were sold at an average price of $39.01, for a total transaction of $1,657,925.00. Following the completion of the transaction, the chief accounting officer now directly owns 99,214 shares of the company's stock, valued at approximately $3,870,338.14. This trade represents a 29.99% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Jack E. Corrigan acquired 4,000 shares of the company's stock in a transaction on Monday, May 5th. The shares were bought at an average cost of $23.42 per share, with a total value of $93,680.00. Following the acquisition, the director now directly owns 12,000 shares in the company, valued at approximately $281,040. The trade was a 50.00% increase in their ownership of the stock. The disclosure for this purchase can be found here. 6.32% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the company. StockNews.com raised American Homes 4 Rent from a "sell" rating to a "hold" rating in a report on Tuesday, May 6th. Evercore ISI boosted their target price on American Homes 4 Rent from $40.00 to $41.00 and gave the stock an "outperform" rating in a research report on Friday, May 2nd. Royal Bank of Canada raised their price target on shares of American Homes 4 Rent from $39.00 to $41.00 and gave the company an "outperform" rating in a report on Monday, May 5th. Deutsche Bank Aktiengesellschaft lowered shares of American Homes 4 Rent from a "buy" rating to a "hold" rating and reduced their price target for the stock from $40.00 to $37.00 in a research note on Tuesday, January 21st. Finally, Morgan Stanley raised shares of American Homes 4 Rent from an "equal weight" rating to an "overweight" rating and boosted their price objective for the company from $39.00 to $40.00 in a report on Friday, January 24th. Seven investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat, American Homes 4 Rent presently has a consensus rating of "Moderate Buy" and a consensus target price of $40.86.

American Homes 4 Rent Company Profile

American Homes 4 Rent operates as a real estate investment trust. It engages in the acquisition, renovation, leasing, and operating of single-family homes as rental properties. The company was founded by Bradley Wayne Hughes, Sr. on October 19, 2012 and is headquartered in Las Vegas, NV.